PSU Bad bank, ARC reforms are awaited as NPA threat looms

Even as the wait goes on for the National Asset Reconstruction Company (NARC), or 'bad bank', which was announced in the previous Union Budget and proposed reforms for the private asset reconstruction companies (ARCs) to take off, the dead weight of old accounts continues to languish on the banks' books.

from Banking/Finance-Industry-Economic Times https://ift.tt/3fRfNyt